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James Iremonger

Partner
Dubai Office Managing Partner and Head of Finance, Middle East
About

James Iremonger is head of the Middle East’s Projects, Finance and Restructuring teams and has extensive experience in a number of sectors, including distressed retail, healthcare, real estate and leisure sectors and routinely acts for a large number of local banks, international banks and hedge funds.

Areas of FocusRestructuring

EXPERIENCE

  • Acting for the creditors committee on the high profile restructuring of Ahmad Hamad Algosaibi & Brothers in respect of circa SAR 27.8bn of approved claims in the FRP process.
  • Acting for the joint trustees of the KBBO Group in respect of its multi billion AED restructuring under the UAE onshore Bankruptcy Law.
  • Advising a UAE based bank on the first debt to equity swap completed in Abu Dhabi.
  • Leading a multi-partner team on the restructuring of the Lagoon City sukuk which involved an asset for asset swap in a listed Kuwaiti sukuk and remains a first in the region.
  • Advising a GCC government in respect of the tax driven restructuring and divestment of assets in the US and Germany.
  • Acting for the joint liquidators of Joannou & Paraskevaides (Overseas) Limited in connection with one of the largest pan-GCC construction related insolvencies to have occurred to date.
  • Acting for A'ayan Leasing & Investments Company in relation to the restructuring of a large number of bilateral Shariah compliant bank facilities and capital markets issues, including debt for asset, debt for equity and debt for receivables swap transactions, including structuring the transaction in a tax efficient manner.
  • Advising International Investment Company in relation to the restructuring of its Shariah compliant facilities with a number of banks and credit institutions.
  • Acting on the preparation and finalisation of new derivatives products for Banks both in the UAE and in Africa, both on a Shariah and non-Shariah compliant basis.
  • Acting for a large pension fund in the recovery of €3 billion in assets from the insolvent estate of Lehman Brothers London.
  • Acting on a number of high profile restructurings including the restructuring of a multitude of facilities advanced to the JJB Sports group.
  • Acting on the bank led restructuring and subsequent formal insolvency of an energy company based in the UK, together with all regulatory and other matters associated with it.
Languages
  • English
Education
  • University of Birmingham, Law LLB with 2.1 Hons
  • Nottingham Law School, Legal Practice Course with Distinction

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